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PLBY集团签订避孕套长期许可协议

2024-07-16 20:32

  • PLBY Group (NASDAQ:PLBY) has entered into a new, multi-year global product license agreement with Thai Nippon Rubber Industry, a Thailand-based, manufacturer of premium condoms and lubricants, granting TNR rights to design, produce, promote and distribute condoms and lubricating gel products using PLAYBOY trademarks through multiple online and retail channels.
  • PLBY Group will receive royalty payments, including minimum guarantees, on products sold pursuant to the agreement.
  • The new license agreement was entered into by PLBY Group and TNR concurrently with a settlement agreement pursuant to which the companies resolved a lawsuit between them in the U.S. District Court for the Central District of California.
  • “This is an important commercial milestone for our licensing business, and we look forward to working with TNR to bring products to market and capture the revenue potential through strategic brand and product development combined with the overall size of the category opportunity.” said Ben Kohn, CEO of PLBY Group.
  • PLBY +5.57% premarket to $0.95.

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